137 / 168
135
(
`
cr)
NOTE 3 RESERVES AND SURPLUS
As at
March 31, 2015
As at
March 31, 2014
a) Capital reserve:
Balance as at the beginning of the year
5.30
6.68
Add: Addition on acquisition
–
0.57
Less: Transferred to the General reserve
*
0.21
1.95
Balance as at the end of the year
5.09
5.30
b) Securities premium account
36.27
36.27
c) Central and State Subsidy reserve
11.49
8.92
Add: Received during the year
–
2.57
Balance as at the end of the year
11.49
11.49
d) Revaluation reserve:
Balance as at the beginning of the year
108.97
111.62
Less: Reversed in current year {refer Note 12(b)}
108.97
–
Less: Transferred to the Consolidated Statement of Profit and Loss
–
2.65
Balance as at the end of the year
–
108.97
e) Hedging reserve (refer Note 28.2):
Balance as at the beginning of the year
1.54
0.74
Add: Transferred to the Consolidated Statement of Profit and Loss
(1.54)
(0.74)
Less: Effect of foreign exchange rate variation on hedging instruments
outstanding at the end of the year
(0.11)
(1.54)
Balance as at the end of the year
0.11
1.54
f) General reserve:
Balance as at the beginning of the year
99.85
76.62
Add: Transferred from Capital reserve
*
0.21
1.95
Less: Carrying amount of the assets (where the remaining useful
life on assets is Nil) after retaining the residual value (net of
deferred tax
`
4.80 cr) {refer Note 12(c)}
9.06
–
Add: Transferred from the Consolidated Statement of Profit and Loss
-
21.28
Balance as at the end of the year
91.00
99.85
g) Surplus in the Consolidated Statement of Profit and Loss:
Balance as at the beginning of the year
655.52
483.71
Add: Profit for the year
240.65
219.19
Amount available for appropriation
896.17
702.90
Less : Appropriations
General reserve
–
21.28
Proposed dividend on Equity shares for the year
{at
`
8.50 per share (March 31, 2014
`
7.50 per share)}
25.21
22.25
Dividend distribution tax on proposed dividend
5.61
3.85
Balance as at the end of the year
865.35
655.52
1,009.31
918.94
*
The fair value of the assets received free of cost in the past, was credited to ‘Capital reserve’; it represents amount equivalent
to the depreciation of the respective assets charged to the Consolidated Statement of Profit and Loss.
Notes
to the Consolidated Financial Statements